The Mo Ibrahim Foundation awarded its multimillion-dollar prize for African leaders who step down from power to Namibia’s departing president Monday—making him the first winner after two years in which no one was deemed worthy of award. Read More »

Estonia’s ruling center-right Reform Party won the most votes in general elections Sunday, beating a pro-Russian party in a close fight that centered on taxes and national security amid Kremlin’s moves in Ukraine. Read More »

Venezuelan President Nicolás Maduro, facing criticism from the Obama administration over alleged human-rights abuses by his government, announced measures that could drastically reduce the staff at the U.S. embassy and require visas for Americans who visit. Read More »

The U.S. completed a deal that commits five African countries to reducing trade barriers in a plan that also provides them with technical assistance to export mostly African agricultural products to American consumers. Read More »

Nigeria on Wednesday cut its forecast for oil prices and the value of its currency this year, an acknowledgment of the pain tumbling energy costs are inflicting on Africa’s top crude producer. Read More »

The Democratic Republic of Congo wants to participate in the development of the proposed crude oil export pipeline on the Ugandan side of the Lake Albertine rift basin, Uganda’s energy and minerals minister said. Read More »